The Growth Coach vs LMI Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Growth Coach vs LMI including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Growth Coach Franchise
LMI Franchise
Investment $55,000 - $76,000$20,000 - $27,500
Franchise Fee $39,900 - $45,900$15,000
Royalty Fee 10%+6%
Advertising Fee $200/mth-
Year Founded 20021980
Year Franchised 20031998
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
The Growth Coach Franchise
LMI Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    The Growth Coach Franchise
    LMI Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Growth Coach Franchise
    LMI Franchise
    Training Ongoing telephone training-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet All the right tools for success are yours!

    The Growth Coach gives you five great profit centers to help you quickly build your business. We'll give you everything you need to succeed -- proven systems, extensive training, unbeatable marketing and ongoing support.

    Strategic Workshops will be the heart and soul of your business and allow you to leverage your time and maximize income while coaching multiple clients at once.

    You'll also work one-on-one with clients in person, over the phone and via e-mail.

    Invaluable information and advice from other franchisees is at your fingertips through our interactive intranet and you will also benefit from our rapidly expanding National Accounts Network.

    		-
    Marketing Ad slicks-
    Operations Franchise can be run from home.

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    The Growth Coach Franchise
    LMI Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About The Growth Coach

    "Top 10 New Franchises" by Entrepreneur magazine "Top 75 Hottest Business" by Start Your Own Business magazine Business Coaching is in Huge Demand! Small business owners need business coaching in good economic times and bad. Learn to facilitate our proven coaching process and help your clients gain clarity, set goals, achieve success and balance in their personal lives. This is an extremely rewarding and potentially very profitable business where Coaches share their business experience and enjoy a flexible lifestyle helping others. With low-overhead and high margins, this recession-resistant business can be run out of your home or a small office. No travel! The Growth Coach advantages: Powerful, proven marketing program Exclusive territory Low start-up costs with no overhead No travel! Access to our National Accounts Network Operate from home or small office On-going operational support Recession-resistant Huge profit margins Cash business with no account receivables In-house financing available 5-day, onsite training Interactive intranet Local and national public relations Regional and national meetings Record of Success With more than 25 years of franchising expertise, our CEO has developed numerous National Franchise Systems, most having been ranked #1 in their respective fields. Combined, these companies have awarded more than 3,000 franchises worldwide.

    About LMI

    LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

    Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

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    #189 in Franchise 500 for 2020.